Podcast: Is the AI hype justified or will the bubble burst ? – Computerworld computerworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from computerworld.com Daily Mail and Mail on Sunday newspapers.
start-ups have been trying to cut costs, and in the face of all of this uncertainty. but the meta news last week with 11,000 employees getting let go is really a sign that we re going this is not just a start-up problem, not just a couple companies that maybe overhired or overspent, this is kind of a systemic issue for the tech industry. soo so right now some of the bigger tech companies haven t done mass layoffs like m meta/facebook has, but i m looking out for that now. a lot of them are freezing hiring, trying to cut costs, and i think going forward we could see even deeper cuts as the uncertainty continues through the next year. erin, the estimate is at about 100,000 tech employees laid off? we ve seen 100,000 jobs cut in the tech industry this year according to layoffs at fyi, a site that tracks this. and that spans not just, you know, some of the younger
The legislation will force the tech companies to police the contents on their respective platforms. On Apr. 23, the European Union approved the new legislation that would pressure massive tech companies like Google, Meta, and Twitter to enforce illegal content on their respective platforms or potentially risk paying billions in fines.